innerExchange is planning to launch a foreign exchange platform early next year, iStockAnalyst reports. The trading technology vendor is looking to automate the processes for its over-the-counter (OTC) trading participants through the offering.
innerExchange targets product-driven, community-driven part of the market that deals in non-standard and non-normalized products and structures. The firm currently offers a componentized platform, written to run on the Financial Information eXchange (FIX) Protocol.
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